How to find the best mortgage deals.

Finding the best mortgage deals to fit your circumstances can be time consuming and daunting.

Since the credit crunch hit, the mortgage market has changed considerably. Lenders no longer offer 100% mortgages and they have tightened up much of their lending criteria.

To ensure you get the best interest rates then a larger deposit is usually of benefit, although there are a few lenders accepting 5% and 10% deposits.

If you require help and guidance in getting a cost effective mortgage then call us here at Deal Direct. Our experienced mortgage advisers search the whole of the mortgage market to access the best mortgage deals lenders have on offer.

We compare the costs of several mortgage products to ensure we find the right mortgage for you.

Many prospective borrowers make the mistake of choosing their mortgage by the headline interest rate only. At Deal Direct we search through all of the associated fees to give you accurate total costs, so that you can ensure you can make the repayments without any pressure.

Other things to consider when checking out the best mortgage deals are charges for early repayments, as you may want to switch to a better rate as soon as your discounted rate period has ended.

Some mortgages come with sizeable set up costs with a variety of fees, many of which can be added to your mortgage. This comes at a cost as interest will have to be paid on these too. So finding a deal with fee free options or paying the fees upfront can be more cost effective.

We recommend that you contact us here at Deal Direct where we can look at many of the above cost saving options. We will source the best mortgage deals on offer, to find the most suitable mortgage for you.